Ladbrokes Coral Group PLC (LAD) Stock Rating Reaffirmed by Deutsche Bank AG
Ladbrokes Coral Group PLC (LON:LAD)‘s stock had its “buy” rating restated by analysts at Deutsche Bank AG in a research report issued to clients and investors on Wednesday. They presently have a GBX 170 ($2.24) price objective on the casino operator’s stock.
Several other research firms have also commented on LAD. Canaccord Genuity reissued a “buy” rating and set a GBX 165 ($2.18) price target on shares of Ladbrokes Coral Group PLC in a research report on Friday, October 20th. Berenberg Bank decreased their price objective on shares of Ladbrokes Coral Group PLC from GBX 160 ($2.11) to GBX 155 ($2.05) and set a “buy” rating for the company in a research report on Wednesday, October 4th. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 210 ($2.77) price objective on shares of Ladbrokes Coral Group PLC in a research report on Monday, October 2nd. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 165 ($2.18) price objective on shares of Ladbrokes Coral Group PLC in a research report on Tuesday, September 5th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Ladbrokes Coral Group PLC in a research report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and twelve have given a buy rating to the stock. Ladbrokes Coral Group PLC currently has an average rating of “Buy” and a consensus price target of GBX 159.62 ($2.11).
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Ladbrokes Coral Group PLC Company Profile
Ladbrokes Coral Group plc, formerly Ladbrokes plc, is engaged in the betting and gaming industry. The Company’s segments are UK Retail, European Retail and Digital. The UK Retail segment consists of betting activities in the shop estate in Great Britain. The Company is involved in traditional over-the-counter betting on football, horse and greyhound racing, as well as other sports and by machines.
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